CNBC
Americans are paying record prices for steak. Here's why demand isn't cracking
Thursday, July 2, 2026
U.S. beef prices have reached record levels. Consumers continue purchasing steak despite the higher costs, with purchasing patterns showing beef consumption concentrated around special occasions rather than everyday meals.
Original reporting: https://www.cnbc.com/2026/07/02/beef-prices-demand-for-steak-isnt-falling.html
